Happiness and D Co., Ltd. announces an Equity Buyback for 50,000 shares, for ¥45.45 million.
December 14, 2021 at 02:30 am EST
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Happiness and D Co., Ltd. (JASDAQ:3174) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.95% of its issued share capital (excluding treasury stock), for ¥45.45 million. The shares will be repurchased at a price of ¥909 per share. The purpose of the program is to return profits to to dispose of treasury stock as restricted stock for executive officers and employees and to exercise the rights of issued stock options. The program will run until December 15, 2021.
Happiness and D Co., Ltd. is engaged in operation of select shops under the name Happiness and GINZA Happiness in the tenants of national shopping centers. It engages in sales of imported brand products, including jewelry, such as imported brand jewelry and diamond jewelry consisting of rings, necklaces, earrings and bracelets; watches, such as imported brand watches and home-made brand watches; handbags and accessories, such as brand bags, wallets, key cases, ties and perfume, as well as sunglasses and glasses. It is also engaged in e-commerce (EC) business. It operates official mail-order site, and also opens stores in Yahoo and other shopping sites.
HAPPINESS AND D CO.,LTD. 